as you heard there from senator lindsey graham, other, and other republican, they are now prepared to accept getting more revenue from the rich. not higher tax rates on the rich but getting more revenue from them by capping deductions. there has been no movement on the other side of the aisle. democrats like senator carl levin are still sticking to raise tax rates on the rich. the president will hit the road this week again demanding higher tax rates on people making more than $250,000 a year. there has been some movement on the republican side, bill. bill: let's get to democrats in a moment. i want to be clear on this what these republicans are talking about is revenue. that is tax reform. there is a big difference between that and a tax rate being changed. explain that. >> that is correct. what the republicans want to do, certainly senator corker this morning said, cap deductions. $50,000. that is all the deductions you can take. that is how you bring in more revenue from wealthy people. as opposed to raising being at that rates. income tax rates on the rich, that is the president's